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20130104
20130112
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CNNW 4
KNTV (NBC) 3
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Search Results 0 to 19 of about 20 (some duplicates have been removed)
CNBC
Jan 10, 2013 4:00am EST
treasury secretary. jack lew is a veteran of capitol hill and of more than one big major budget negotiations which is exactly what the president is facing right now. he's somebody with a low key demeanor who gets along well with others. his confirmation is expected to be not too difficult. what he doesn't provide is a strong business background or wall street ties, although he did work for citigroup for a while and he doesn't have the experience in financial regulation that tim geithner brought to the job having head of the federal reserve bank of new york during the financial crisis. but jack lew is expected to be announced today. the pecked speculation about his replacement as white house chief of staff has centered in the last 24 hours around dennis mcdonna. sources tell me that dennis mcdonough is the chief candidate. ron biden has already been a contender. wool see whether the president pairs the announcement of a new chief of staff with jack lew's appointment today. >> so jack lew seems to have the nomination locked up. danny krugman is expected to be looked go ahead at fo
CNBC
Jan 10, 2013 6:00am EST
as jack lew is somebody who served as chief of staff. he was budget director before that. he served in hillary clinton's state department. he does not have a deep background and ties to wall street and business. he's a creature of congress, made his name in washington working for tip o'neal, the house speaker. very hard working, very key, very bright. republicans found him a difficult negotiators in some of the budget talks over the last couple of years, but i would expect, andrew, that he's going to be confirmed pretty handily even though he'll have difficult questions in his confirmation hearing. >> john, how disappointed -- and perhaps now, but it appears that the business community seems disappointed, if you read "the wall street journal" editorial page today. there's a sense of disappointment that the president didn't pick somebody from the business community, somebody with more experience in the world of finance private sector as joe would say. >> i understand the disappointment because they want one of theirs. but, you know, president obama wants one of his in that job. when
CNN
Jan 10, 2013 1:00pm PST
all cited by president obama as he nominated his chief of staff, jack lew, to be the next treasury secretary but the announcement is drawing attention to the makeup of the president's second-term cabinet. it's on track to be dominated by men. our white house correspondent brianna keilar is joining us from the white house. what is the white house saying about all of this? >> reporter: wolf, the white house has been asked about this quite a bit. white house press secretary jay carney has said that the president believes diversity is important and he's highlighted that there are a number of women serving in the white house and in the administration and indeed there are, wolf, and there's lack of topics in his cabinet. president obama choose a trusted insider to replace timothy geithner as treasury secretary. >> under president clinton, he presided over three budget surpluses in a row. so for all of the talk out there about deficit reduction, making sure our books are balanced, this is the guy who did it three times. >> reporter: jack lew, obama's chief of staff and former budget direc
KICU
Jan 11, 2013 4:00am PST
. the nomination process for the next treasury secretary is moving forward with president obama naming jack lew as his pick. "i trust his judgement, i value his friendship, i know very few people who have greater integrity than the man to my left." lew currently serves as the chief of staff in the obama administration and could become treasury secretary when timothy geithner leaves later this month. joining us now via skype with insights is jim bianco of bianco research. how is wall street responding? > > lukewarm on the jack lew nomination. they're not really that thrilled. > other than lew's poor penmanship, how well will lew's no-drama approach play out in the upcoming debt ceiling talks? > > in the debt ceiling talks it is going to be interesting. other than the no drama, he has got a history of being confrontational with republicans, and that is going to be difficult because that is who he's got to deal with. > didn't he once work on wall street? > > briefly at citibank for a couple of years around the time of the financial crisis. > do you think the republicans will go along with his nomi
NBC
Jan 10, 2013 11:00am PST
. and president obama just a minute ago nominated jack lew as treasury secretary. we'll take a look at both issues coming up in business. [ male announcer ] pillsbury grands biscuits. delicious. but say i press a few out flat... add some beef sloppy joe sauce... and cheese fold it all up and boom! i just made an unbeatable unsloppy joe pillsbury grands biscuits. let the making begin. that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pillsbury toaster strudel. so delicious...so fun. >>> nominations for the 85th annual academy awards announced this morning in beverly hills. >> hosts seth macfarlane and emma stone announced the nominees. "lincoln" was the clear winner, receiving 12 nominations, including best picture, best director and best actor, nods for daniel day lewis, sally fields and tommy lee jones. >> "life of pi" came away with 11 nominations. >> here's a complete list of the nominees for best picture. beast of the southern wild, zero dark thirty, lincoln, life of pi, amore, the silver linings playb
FOX
Jan 10, 2013 6:00am PST
why jack lew needs to work on his signature if he wants to be treasury secretary. >>> live in palo alto where there are numerous cases of women being sexually assaulted and we will tell you about the numerous cases here in the parking lot. >>> and the drive is not a bad drive at all, we will tell you more about the morning commute and the bay area weather. . >>> all right, welcome back, here is a quick look at some of the top stories we are following. a caster county man is facing charges in a bizarre drug case. he is accused of having a 5- foot alligator in his house guarding his marijuana. officials say he was right next to 34,000 marijuana buds valued at $134,000. a man convicted of murder said he killed his 89-year-old mother. dennis stanworth was out on parole for a life prison sentence for killing two teens in 1966. >>> and vice-president joseph biden is looking for ways to reduce gun violence. today he will be meeting with gun owner's groups, hunters and also representatives from the entertainment industry. >>> a flasher is on the loose on the peninsular. janine de la vega j
CNN
Jan 11, 2013 4:00am PST
on the calendar as well. dan lothian, thank you. appreciate it. >>> if jack lew, nominee of secretary of the treasury actually gets that gig, this is the signature that could we on our money. yesterday, president obama assured the world that the american dollar is safe, even with that. >> i never noticed jack's signature. when this was highlighted in the press, kconsidered rescinding m offer to appoint him. jack assures me he is going to work to make at least one letter legible. in order not to debase our currency should he be confirmed as secretary of the treasury. >> this is what his signature would look like on a dollar bill if it all goes through. looks like what my boys do. >> people have studied this. he has the same number of loops each time he does it. >> tim geithner says one of the first things he had to do when he became treasury secretary, was make it a little more legible. >> it suddenly matters. >>> other stories making news this morning. john has that for us. >>> the 16-year-old who opened fire and critically wounded a high school classmate claims he was bullied. he was
NBC
Jan 10, 2013 5:00am PST
jack lew to run the u.s. treasury this morning. not a terribly controversial choice. there is some concern though over lew's signature though. take a look. here it is. remember the treasury secretary has to sign the dollar bill, right? is that something you would want on your dollar bill? >> a lot of loops. >> is that even a signature? there's a push this morning saying, come on, jack, maybe make it look better if you're going to end up signing the dollar if he gets congressional approval. >> interesting. >> he didn't think penmanship would play so much into his career. >> otherwise incredibly well qualified. >> work on that handwriting there. >> creative side. he looks like an artist for disney or something there. interesting. >> 5:15. some people in the bay area could see snow today. >> who knew? meteorologist christina loren is live for us in san francisco right on top of twin peaks. you look adorable of course. how are you feeling? are you cold? >> i'm pretty cold. i've got multiple layers on this morning. good morning to you, laura. good morning to you marla and everyone at ho
NBC
Jan 10, 2013 6:00am PST
's stepping down. and today president obama is expected to nominate white house chief of staff jack lew as his pick to replace timothy geithner as treasury secretary. >> wall street doesn't love jack lew but will accept him. >> there is one bit of controversy. it is his signature. >> good morning to you. you know, if you look at any american currency you'll see it's signed by two people. the treasurer and so if he becomes treasury secretary. that's his signature. it will go on the money. is this a signature we want on the money? a call for lew to step it up and make it look less disney. wall street looking at jobless claims up to 371,000. anything below 400,000 is manageable. dow industrials up 38 points. nasdaq up 14. amazon about to announce a new feature. if you buy a music cd from amazon or purchased one in the past, the company will send you free music files of the cd as well so you can play it on your iphone on ipad or what not. you can easily and legally do this already. you take the cd put it in your computer and itunes will do it for you. it's a faster way for those people who still b
FOX News
Jan 8, 2013 2:00am PST
chief of staff lack -- jack lew the treasury secretary. he has a contentious relationship with capitol hill. he will have to talk about the debt creeling and spending cuts. he is sure to answer questions about the time he spent in the cia and the role he played in enhanced terror methods and legal questions surrounding drone attacks. the most difficult nominations will almost surely be chuck hagel for defense. his comments about israel and talks with iran are already angering some senate republicans. if the white house runs into trouble with these three, the one guy that may have the relative cake walk here as far as his confirmation is concerned is senator john kerry who has been taped by the president to become the next secretary of state succeeding hillary kr clinton. >>> let's get the first degree weather update with lovely maria molina. >> she is here with a look atlanta storm brewing -- look am in the south. >> we have a brand new storm system impacting texas and mid mississippi valley. it will be producing a lot of heavy rain. that's why we are looking at a flooding concern. the
FOX News
Jan 8, 2013 8:00am PST
of who is going to be in the president's cabinet. jack lew is the likely nominee. if he picks lew it could set the stage for another contentious confirmation battle. is there any other kind these days, mike emanuel? it seems like everybody that is being picked with the sepgs of senator kerry looks like a tough battle on capitol hill tell us a little bit more about this. >> reporter: good afternoon to you, as you look the at recent nominations these people are all obama people and jack lew has served this president as director of the office of management and budget and white house chief of staff. we are told it is all but a done deal for jack lew to replace timothy geithner as treasury secretary. lew has become a favorite of the president because he has sharp knowledge of the federal budget and his style is no drama. his confirmation would likely be taking place during some bruising budget fight and as congress considers increasing the nation's credit card the debt limit from the podium the white house press secretary has avoided getting ahead of mr. obama. >> i have no other annou
ABC
Jan 9, 2013 6:00am PST
to name jack lew as treasury secretary tomorrow. we will talk about that. if you looking for bargains, target has gift wrap, and children's, and women's apparel is marked down on tuesday, and wednesday, men's apparel and health and beauty are marked down and toys. researchers say the best deals are usually at the edges of the stores not in the middle of the target store. >> possible tension between the white house and walmart over gun control. walmart is taking a pass on an invitation by the white house to sit down with biden and talk about the issue. stocks look like this, a little bit higher as we get good earnings from alcoa and the silicon valley index is just a sight bit lower. >> thank you. this we go to weather. mike? >> we will talk about what is going on, we will start with an outside shot, beautiful colors there and the fog is why we have the dense fog advisory in the east bay and north bay valley from our east bay hills camera. a beautiful picture there. live doppler 7 hd showing it is dry. the cloud cover will be thick enough to drop the showers on us in the afternoon and
MSNBC
Jan 7, 2013 6:00am PST
of staff jack lew of management and budget is considered to be tim geithner's most likely successor and that's deputy national security adviser denis mcdonough. anything could change, but those could be the most likely picks. other members of the administration suggest they're heading for the exits and you would assume the stuff starts ranking up in the next week or so. lisa jackson announced her departure at the end of january and rebecca blank who took over in june after secretary bryson went on medical leave. also expected to leave ray lahood and ken salazar and steven chu. likely with appointments of lew and mcdonough you'll hear more voices demanding more diversity in that cabinet, if you will. how does the president end up solving that problem and create a cabinet that, "looks like america." >>> all right, picking a fight over the president's pentagon pick. one thing the left and the right can agree on. chuck hagel may have an uphill battle in the senate. next, we'll get the view from both sides. former romney campaign adviser dan seymour and dan clemens will be here for a deb
CNN
Jan 4, 2013 1:00pm PST
. i'm also told, by the way, that jack lew who currently serves as the chief of staff to the president, been very involved in these fiscal cliff negotiations, is likely to be nominated as the next treasury secretary. he's got some republican opponents on the hill. and there's some concern in the business community that he doesn't have enough business and market expertise. but he is expected to be confirmed after nomination. >> chuck hagel, maybe to defense. jack lew to treasury. still have to do cia -- other jobs to do as well. but the president is still in hawaii right now, coming back over the weekend. >> and it's interesting when you talk about this president and talking to people who are familiar with his thought process. it's really about a comfort level for this president. he likes to nominate people he already knows, feels comfortable with in his inner circumstance. . we've seen that on the white house staff, for example. that's what i think we're seeing here in these nominations. >> obviously feels comfortable with john kerry who was nominated as secretary of state. i think he
CBS
Jan 4, 2013 7:00am EST
house chief of staff jack lew who was the former director of the office of management and budget. white house sources tells cbs news that the white house hasn't made that decision yet and he's likely to make other cabinet announcements first. >> thank you. let's bring in chief washington correspondent and host of "face the nation" bob schieffer. good morning. >> good morning, norah. >> we just heard about geithner leaving as treasury secretary and all the fiscal fights ahead of us. how does that affect things? >> i think that's going to make it harder if that's possible. geithner will not be there. there will be arguments over fiscal policy that will weigh in to the confirmation of whoever it is that the president does eventually nominate. but excuse me for not being overly optimistic this morning but i mean i was listening to this rhetoric yesterday, all the people up on capitol hill talking about how they're all going to come together. well, you know they're not. you know they're not. i was thinking of the song we used to have in college. i can't remember it. but the verse was here co
CNN
Jan 11, 2013 1:00pm PST
late night comics new material. even the president joked about jack lew's loopy signature saying he better make it more readable before it's printed on u.s. dollar bills. listen to what some of the professional comics are saying. >> that's your signature? or are you just testing to see if the pen works? hey, lew, here's a tip, stop signing all your checks on the teacup ride at disney world. the only way you're allowed to have that as your signature is if your name is boyoyoyong. >> he worked at hostess as a cupcake icer, and now he's -- it's good. it's about time our bills look like they were signed by a roomba. >> our bills should have nothing ridiculous on it, just old men in wigs and pyramids with eyes. is this even a signature? or did he start drawing charlie brown and give up after the hair? good grief. and it got no better when lew explained his fiscal philosophy saying, quote, i described budgets as tapestry, when it's woven together our picture amounts to the hopes and dreams of a nation. >> that is so funny. let's check in with erin burnett, coming up at the top of the hour
KRON
Jan 10, 2013 7:00am PST
the new treasury secretary. >> it looks like jack lew will replace timothy gai nter. >> what is a treasure secretary do? they're run financial--they look after financial debt. >> and the bottom right hand corner of our people money gaitner signature. what is that that is horrible. >> we have to change that. i cannot put that on monday. >> this seems like an eye appointment. he has very little experience. he is a big no god. he will say no time and time again. he is the one that will have to keep the budget cut going when we hit the debt ceiling right. >> the debt ceiling coming up. debt ceiling in fiscal cliff has now become 2013 issues. but us talk about another winner. this of facebook shares rally above $30 a share. we are on our way up it is a winner for facebook. >> the ipo had people screaming like a scalded champ. it is up 10% this year so it's a matter of when did you buy it. after announcing a mystery press conference for tuesday next tuesday the 15th. i looked at their peak about 160. that is pretty expensive. they got something. they have this do it hasn't called yet. >> maybe i
CSPAN
Jan 11, 2013 9:00am EST
-mail, too. the president nominating jack lew to become the treasury secretary. partly and chiefly because of his budget experience. what are your thoughts about the pick and what he brings to the table? guest: i certainly hope it will be positive. i think he will be on a roll with treasury to be having a lot of data at his fingertips, which indicates virtually no interest environment that we are in, it has its pluses and minuses. it also is an environment today where there is not much inflation. if he were to compound inflation in the future, he would well understand what that would do to budgets as well. i think he hopefully is able to bring a perspective and said, let's get some long-term problems dealt with now because here are the risks. he has to be a risk manager. he has to be able to explain these things. this has not been talked about yet. i held as treasury secretary -- he has had experience around congress -- he is more of a washington person. i would hope because he has had political awareness, he would understand the significance and focus on a growth agenda. the fundamental c
Search Results 0 to 19 of about 20 (some duplicates have been removed)